Investigating technological innovation competitiveness by the use of patent-based indicators: A global comparison

There has been a rapid change in innovation technological development since the past several decades. Understanding technological development trends, keeping advanced technologies, and acquiring the most inimitable and appropriate technologies are pivotal elements for a country or an organization to maintain its technological innovation competitiveness, but it is rather difficult to evaluate such innovation competitiveness as there is no straightforward way of direct measurement. Therefore, this paper aims to apply selected patent indicators to measure technological innovation competitiveness for global comparison, in order to understand 1) technology development trends, 2) evaluate the technology diffusion trajectories, and 3) understand national technological innovation advantages. The obtain results can not only be served as evidence for decision making on national Science-Tech development, but also be used as a roadmap for strategic planning on organizational patent portfolio.